Funding you earn now, next payment 04:00 UTC−0.0314%/8h= −34.4% APRnext payment −$1.57 per $10,000 · paid last 24h −0.051%
Price spread now: Bybit against BingX−0.009%7-day average +0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$714as in the Funding arb table
Net, price: spread back to 7d avg − costs−$683as in the Price arb table
costs, in and out, $10k−$6796.795% of the position
Funding, last 7 days−0.344%−$34 on $10k
+Price spread, last 4 days (all we have)+0.066%+$7 · spread now −0.009%, 7d avg +0.024%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Bybit is 0.033% cheaper against BingX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.024%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX AVAAI-USDT | 0.01120 | 0.0918 | pay 0.0459% / 4h | 30m 30s | — | $178K | — |
| Short | Bybit AVAAIUSDT | 0.01120 | 0.0604 | get 0.0302% / 4h | 30m 30s | $1.3M | $481K | 20x |
BingX AVAAI-USDT
Bybit AVAAIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$66.02
- Price spread: −0.009% → +0.024%
- −$3.26
- Slippage, 4 orders
- −$658.48
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$748.76
- Costs to cover
- 6.795%
- Break-even
- never at this rate
Slippage from BingX: live order book, 13 min ago; Bybit: live order book, just now.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 13 min ago | 3.59 bp | 46.5 bp −$47 | 375.6 bp −$3,756 | 742.5 bp −$74.3K | doesn't fit |
| Sell Bybit live order book, just now | 8.03 bp | 308.9 bp −$309 | doesn't fit | doesn't fit | doesn't fit |
AVAAI on 8 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin AVAAIUSDTM | +0.0112% | 4h | 0.01116 | −0.393% | $468K | $87K | 20x | as long as short |
| Gate AVAAI_USDT | +0.0234% | 4h | 0.01117 | −0.295% | $631K | $149K | 20x | as long as short |
| Bybit AVAAIUSDTshort | +0.0604% | 4h | 0.01120 | −0.009% | $1.3M | $481K | 20x | |
| BingX AVAAI-USDTlong | +0.0918% | 4h | 0.01120 | long leg | — | $178K | — | |
| BloFin AVAAI-USDT | +0.0988% | 4h | 0.01119 | −0.089% | $192K | $5K | 20x | as long as short |
| MEXC AVAAI_USDT | +0.1022% | 4h | 0.01120 | −0.009% | $198K | $113K | 100x | as long as short |
| Binance AVAAIUSDT | +0.1053% | 4h | 0.01120 | −0.062% | $3.9M | $2.9M | 20x | as long as short |
| Aster AVAAIUSDT | +0.1106% | 4h | 0.01115 | −0.518% | $37K | $14K | 5x | as long as short |
KuCoin AVAAIUSDTM
Gate AVAAI_USDT
BloFin AVAAI-USDT
MEXC AVAAI_USDT
Binance AVAAIUSDT
Aster AVAAIUSDT